Thailand is making progress towards a clean energy society as the number of registered electric vehicles (EVs) in the country has reached 512,343 units. The majority of EVs are hybrid vehicles, but there is a growing interest in plug-in hybrid and battery EVs.
Toyota is the most popular brand in Thailand, followed by Honda, Isuzu, Mitsubishi, and Nissan. While Japanese brands still dominate the market, Chinese automakers are gaining traction by offering affordable EV options.
Over 44 million registered vehicles in Thailand
According to the statistics office of the Department of Land Transport, there are over 44 million registered vehicles in Thailand, with motorcycles making up about half of them.
As of November 30th, there were 42.9 million vehicles registered under the Vehicle Act and 1.3 million under the Land Transport Act. The majority of registered vehicles under the Vehicle Act are motorcycles, followed by private cars, private lorries, tractors, and private cars with seating for more than seven passengers.
In 2023, a total of 2.8 million new vehicles were registered, with the highest number of registrations occurring in March. Additionally, there are 33.4 million driver’s licenses issued for various types of vehicles.
About the author
Boris Sullivan is a business news editor based in Hong Kong. He has over 15 years of experience in covering the latest trends and developments in the Asian markets, as well as the global economy.